[ad_1] JAKARTA (Reuters) – SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power
Gold prices inch higher; all eyes on ECB meet
[ad_1] (Reuters) – Gold prices edged higher on Wednesday, snapping a four-day losing streak on technical buying, while investors awaited European Central Bank’s meeting where it is widely expected to cut interest rates. FILE PHOTO:
Corrected: India’s Nayara says Iran, Venezuela supply cut tightens heavy oil market
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[ad_1] (Corrects paragraph 6 to say OPEC and major producers cutting output to balance the market, not the United States) SINGAPORE (Reuters) – India’s Nayara Energy Ltd, part-owned by a consortium led by Russian oil
Global Markets: Bond yields, stock prices supported ahead of central bank meetings
[ad_1] TOKYO (Reuters) – Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade
Oil prices rise after data shows big drop in U.S. inventories
[ad_1] TOKYO (Reuters) – Oil prices rose on Wednesday after an industry report showed that crude stockpiles in the U.S. fell last week by more than twice the amount that analysts had forecast. FILE PHOTO:
Wall Street mixed as investors flee growth for value
[ad_1] NEW YORK (Reuters) – The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favoured value
White House adviser plays down expectations for U.S.-China talks
[ad_1] WASHINGTON (Reuters) – A senior White House adviser tamped down expectations on Tuesday for the next rounds of U.S.-China trade talks, urging investors, businesses and the public to be patient about resolving the two-year
Fitness startup Peloton Interactive targets up to $1.33 billion in IPO
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[ad_1] (Reuters) – Peloton Interactive Inc, the fitness startup known for on-demand workout programs on its exercise bikes, is planning to raise up to $1.33 billion in an initial public offering. The New York-based company
Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney
[ad_1] CUPERTINO, Calif. (Reuters) – Apple Inc (AAPL.O) caught up with hardware rivals on Tuesday by revealing a triple-camera iPhone, and it rolled out a streaming TV service priced at $5 a month, undercutting Disney
Global Markets: Bond yields climb, stocks dip on shifting ECB views
[ad_1] NEW YORK (Reuters) – A gauge of world stock markets fell for the first time in five sessions and bond yields rose on Tuesday, as uncertainty grew over the mix of stimulus the European